The global lithium niobate modulator market is estimated to be valued at $6,542.6 million by 2030 , surging from $3,714.3 million in 2021 , at a noteworthy CAGR of 6.74% . Impact Analysis of COVID-19 on the Lithium Niobate Modulator Market In the midst of the Covid-19 global epidemic, the nation's biggest shareholders started concentrating on internet infrastructure market, citing a high demand for capital to fuel this same data economic system. The rise of hyper scale computer science has increased global interest in data hubs. High-speed sequential transmitters and modulators, which form the backbone of networks such as the internet, are used in communication systems, data centers, and many other telecommunication technologies. Furthermore, the rapid increase in data transmitting by elevated servers, computer systems, and internet backbone storage systems has also led to a high demand for lithium niobate modulator to ensure smooth and speeded up flow of d...
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